Back 5/450 Preble St
Off Market

5/450 Preble St

South Portland ME 04106

2
1
1155 sq. ft.
47916 sq. ft.
Condo
Last sold for $485,000
Cheryl PelletierCheryl Pelletier, last sold this property on 18 September 2025 after -350 days on market.

Overview

Nestled in the heart of South Portland's coveted Willard Square neighborhood, this inviting two-bedroom, one-bath condo offers comfort, character, and a prime coastal location. Situated on the third floor of a cozy five-unit, pet-friendly building, the home is bathed in natural light throughout the day and captures fresh ocean breezes with the scent of salt air. A private deck overlooks a peaceful wooded backdrop in summer, and in early spring, fall and winter you'll enjoy views of Casco Bay. Inside, fresh paint throughout (April 2025) brightens every room. The kitchen is equipped with a touchless faucet, extra-large stainless steel sink, and a gas range with griddle, while the updated bathroom features a spacious shower and bidet. An in-unit laundry room with front-loading washer and dryer adds convenience, and a new hot water heater provides endless hot water. Efficient gas heating system and heat pumps keep the home comfortable year-round. Two assigned parking spaces and dedicated basement storage offer practicality, and the surrounding yard features raised garden beds for residents to plant flowers, herbs, or vegetables, with a mix of sun and shade creating an inviting outdoor retreat. From your doorstep, you can stroll to local favorites including Scratch Baking Co., Willard Scoops, Terra Cotta Pasta, Ruby Thai, and a variety of antique and consignment shops. Southern Maine Community College, Mill Creek Park, the shops and restaurants in Knightsville and the Mill Creek Shopping Plaza are all just minutes away. Best of all, Willard Beach—from which you can see Bug Light and the iconic Portland Head Light—is only a short walk from home, making this condo a perfect blend of charm, convenience, and seaside living.

Features

2 bedrooms
1 bathroom
1155 sq. ft. floor area
47916 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in South Portland over the last 12 months, the estimated median property value of 5/450 Preble St is $383.25k.

Median value
$383.25k
Estimated value range
$225k - $1.06m
Median days on market
5
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in South Portland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/450 Preble St

2025
Sold
$485,000
18 Sep 2025 by Cheryl Pelletier, of Tim Dunham Realty
2025
Sold
$475,000
06 Apr 2025 by Frank Barry Jr, of REMAX Oceanside | Cape Elizabeth
2020
Sold
$335,000
29 Apr 2020 by Karen Jones, of Coldwell Banker Realty

Happy sellers in South Portland

100%
100% of sellers in South Portland reported that their sale price either exceeded or met their price expectations.

South Portland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in South Portland over the last 12 months.

Local market activity for 2 bedroom condos in South Portland

In the last 12 months, 43 two-bedroom condos similar to 5/450 Preble St, have been sold.

This represents a 28% increase in two-bedroom condos sales when compared to the previous 12 months.

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